9325 State Highway 28MeridaleNY13806
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Meridale at 9325 State Highway 28, Meridale, NY, 13806 generates $0/mo in rent, after a $1,692/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.26% in year one, and rental yield is 0% on a $345,700 entry. Equity gained on principal adds $2,231/yr, while 5% annual appreciation builds toward $95,511 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1850
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13806, Meridale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26 (100%) |
| Owner Occupied HU | 13 (50.0%) |
| Renter Occupied HU | 5 (19.2%) |
| Vacant Housing Units | 8 (30.8%) |
| Median Home Value | $287,500 |
| Average Home Value | $371,731 |
Housing Distribution
Address Breakdown
Residential
30
Single Family
30
Multi-Family
0
Businesses
7
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lara L. Meyers • Bluestone Country
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1533759
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